iDice – Legit Ethereum Powered Blockchain Casino Dice Games?
iDice.io is an Ethereum-based dice game that recently announced its crowdsale. Find out everything you need to know about the gambling app today.
What Is iDice?
iDice, found online at iDice.io, claims to be the “world’s first mobile blockchain gambling app”. The app was announced online on June 5, 2017 in a post on BitcoinTalk.org.
iDice is currently preparing for its crowdsale, which will take place between June 16, 2017 and June 30, 2017.
Like other dice games, iDice lets you bet on the outcome of a dice roll. The riskier your bet is, the more money you can win. You can customize your bet, view your reward, and view your payout before you send money to the platform.
The main difference between iDice and other dice gambling games online is that iDice features a mobile app. You can play over your browser or your mobile device.
How Does iDice Work?
iDice works in a straightforward way, similar to other dice games we’ve seen online. Here’s the three step process:
Step 1) Players send Ethereum to the iDice platform.
Step 2) The bid is processed fairly using the iDice smart contract, which secures the player’s bet.
Step 3) The bet is finalized, and the player receives the winnings.
Overall, the decentralized application wants to make it easy for anyone to get started. There’s no need to sign up for an account, and you’re ready to bet within seconds of visiting iDice.io.
iDice comes with all of the following features:
It’s Already Popular:
iDice claims to have received over $200,000 in bets in its beta released. The developers claim that it’s “poised to become a giant in Ethereum blockchain game industry.”
Easy To Use:
You can access iDice anywhere in the world via your desktop or mobile device.
“Every single bet can be verified for fairness on the public Ethereum blockchain.”
All bets are secured and verified via a smart contract. Funds are never held by a central party.
Every bet is fully automated. Bets are highly efficient and prevent mistakes in the process.
You can access the iDice.io website from any mobile device. There doesn’t seem to be a full-fledged app available at this point. However, the mobile version of the website functions just like an app, and features a clean, easy-to-use UI.
The fact that iDice is completely decentralized means that a third party doesn’t hold your tokens at any point, so your tokens are protected against theft and loss.
What Makes iDice Different?
Obviously, iDice isn’t the first Ethereum-based gambling app. The cryptocurrency dice gambling game industry has exploded with growth over the past few months. Today, platforms like Primedice, Bustabit, BetKing, SatoshiDice, BetterBets, and BitDice have attracted hundreds of millions of bets.
So what makes iDice different? What makes iDice different is the fact that it’s the first mobile blockchain gambling app. iDice has a clean, app-based interface that makes it easy to gamble on dice games.
If you’ve played other Ethereum dice games through your browser, you know that the UIs can sometimes be clunky, awkward, and basic. iDice wants to introduce dice gambling games to the masses.
iDice’s developers explain that “there are no existing gambling applications designed for mobile”. With that in mind, they’re “pioneering the move into the mobile gambling sector.”
Who’s Behind iDice?
iDice was created by founder and CEO Jordan Wong, a blockchain and full stack developer with experience in cryptocurrency mining and app development. Other key members of the team include Steve Patel (CFO), Brandon Schmitz (software developer and entrepreneur), and Abdul Ghafoor (full stack developer and CTO).
How To Play iDice
To play iDice, you’ll need an Ethereum wallet that you control the address of. You can’t use an exchange like Coinbase because they don’t let you control the sending address (MyEtherWallet is a popular alternative).
Once you have funds in a wallet, you send your bet to the iDice betting address: 0xe6517b766E6Ee07f91b517435ed855926bCb1AaE
Bets are automatically resolved (typically in under 2 minutes). Then, your winnings are sent back to your address automatically. You can track all your bets in the main page’s latest best section (just enter your Ethereum wallet address in the search toolbar).
Ultimately, iDice is an ambitious mobile dice gambling app that wants to be “the biggest Ethereum game network in the world”. Over the coming months, they plan to build their infrastructure, optimize their blockchain technology, and focus on mobile development.
You can play iDice today at their website. Stay tuned for the platform’s crowdsale, scheduled to take place between June 16 and June 30.